The Deductible Used for Automobile Collision Losses Is an Example

question 42

Multiple Choice

The deductible used for automobile collision losses is an example of a(n)

• A)calendar year deductible.
• B)elimination period.
• C)straight deductible.
• D)aggregate deductible.

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Definitions:

Organization Change

The process by which companies or organizations undergo transformations in structure, strategies, processes, or culture.

Parallel Learning Structures

Systems designed to exist alongside formal organizational structures, facilitating learning and innovation without disrupting everyday operations.

Organizational Hierarchy

A structured arrangement of roles and responsibilities within an organization, often visualized as a chart, that establishes a clear chain of command.

Existing Structure

The current organizational, systemic, or physical framework within which activities take place.